Ontario to reform WCB
The newly elected government of Michael Harris has outlined the initial steps it will take to turn around Ontario’s workers’ compensation program.Labor Minister Elizabeth Witmer says the government in…
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New Horizons — The wasteless mine
Mine waste is gaining great importance in mine management. The need to protect the environment, combined with increasingly strict environmental legislation, calls for efficient waste management method…
Diamond News Roundup — United Reef mining Bamingui River diamonds
Diamond recovery is proceeding on schedule at United Reef’s (TSE) new plant in the Central African Republic.The plant began processing diamond-bearing gravels from the Bamingui River in June, during w…
Cash delays issuing share dividend
A share distribution by Cash Resources (VSE) is on hold pending further developments at its Division Mountain coal project.Cash has been working to develop a thermal coal deposit at the property, whic…
Drills turning at Butte Highlands
A 2,000-ft. program of deep drilling is under way on the Butte Highlands gold skarn project in Montana.Asarco (NYSE) plans to drill six to seven holes to test the depth extension of the Nevin Hill zon…
Work continues at OPAP pipe
Ontario’s prospecting community is hoping that the government axe will not fall on programs that fund grassroots work in northern regions of the province.”These grants have the potential to lead to ex…
Metals Commentary — Stronger metals prices expected
The summer holiday period is traditionally a time to reflect on the events of the first half of the year and assess metal demand and supply, yet this is not a traditional summer.Most metal markets con…
Formation plans Idaho drilling
Drilling is planned for the Sunshine project in Lemhi Cty., Idaho.Formation Capital (TSE), which holds an option to earn a 100% interest in the property, plans to drill 30,000 ft. The 60-hole program …
LaRonde adds oomph to Agnico’s earnings
A strong performance by the LaRonde mine near Val d’Or, Que., enabled Agnico-Eagle (TSE) to boost second-quarter earnings by 75%.For the quarter ended June 30, Agnico earned $6.3 million (or 17 cents …
World Wide OKs Chinese connection
Shareholders of World Wide Minerals (TSE) have unanimously approved the company’s acquisition of Targa International’s 55% interest in the Baoziwan and Dawuyao gold exploration joint ventures in China…
TVX gains two Russian gold-silver deposits
Toronto-listed TVX Gold is attempting to diversify beyond Latin American gold production.In March, the company bought Greek-based Kassandra Mines for US$47 million, and, only last week, it acquired a …
YGC finds new zone at Ketza River
Exploration work at the Ketza River project in the Yukon has led to the identification of a new oxide zone between two previously mined-out orebodies.Property owner YGC Resources (VSE) is in the midst…